The Ontario Securities Commission (OSC) has issued an order recognizing that Q4 Inc. is no longer offering its securities to the public. This decision is based on subsection 1(6) of the Business Corporations Act (Ontario) (OBCA). Q4 Inc., which is an offering corporation under the OBCA, has indicated that it does not plan to seek public financing through securities offerings. Furthermore, the company had previously obtained an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction, as per National Policy 11-206. The OSC concluded that granting this order would not harm the public interest. Consequently, Q4 Inc. is officially deemed to have ceased public securities offerings as of March 11, 2024.
